Bravura Solutions secures contract extension with Legal & General

Sydney - 3 July 2008

Bravura Solutions Limited (Bravura) – a leading global supplier of wealth management applications and professional services – announced today that it has signed a new contract with Legal & General, one of the UK’s leading financial services companies and one of the UK’s top 50 companies in the FTSE 100 Index.

Legal & General has chosen to continue with Bravura Solutions’ Rufus Global Transfer Agency (GTA) and Output Management Service until the end of 2011. The business relationship commenced in 1997.

Chris Radford, Managing Director, Legal & General Retail Investments, said: “We are pleased to continue our relationship with Bravura Solutions. This will allow us to increase our focus on straight through processing.”

”This is a significant announcement for Bravura Solutions and another example of the high performance and superior support provided to key clients by our EMEA team,” said Simon Woodfull, Group CEO and Director – Operations, Bravura Solutions.

“It further demonstrates that our clients seek advanced, flexible and scalable systems and are looking for enduring relationships with an IT partner who will continually improve and enhance its offering.”

Rufus GTA is one of the most functionally rich transfer agency administration solutions available and has been a major factor in driving down costs across a range of investment and financial services clients.

The system is multi-lingual and multi-currency, with integrated FX processing, and has been designed for call and service centres, administration teams, distributors and advisors. It is available in configuration with a number of optional components including internet front end, image and workflow technology, currency management service, global transaction server interface, messaging services, deal aggregation and management information systems (MIS).

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